EUR/USD teases 2022 low above 1.1200 on higher yields, PMIs eyed
EUR/USD retreats towards multi-day low following two-day downtrend. DXY tracks firmer yields as Biden’s nomination
Financial and Business News
EUR/USD retreats towards multi-day low following two-day downtrend. DXY tracks firmer yields as Biden’s nomination
USD/JPY consolidates the biggest daily gains in two weeks. US President Biden’s Fed nominations propel
GBP/USD grinds lower around one week trough, sidelined after two-day downtrend. UK’s Frost emphasizes ongoing
Analysts at Goldman Sachs cut their forecasts for EUR/USD, now seen at 1.1400 and 1.1600
ISM Services PMI rose to a new all-time high in October. US Dollar Index holds
UK Final Services PMI upwardly revised to 59.1 in October. GBP/USD holds higher ground above
Upbeat Chinese data assisted AUD/USD to gain some positive traction on Wednesday. A subdued USD
Economist at UOB Group Ho Woei Chen, CFA, assesses the latest PMI results in the
China's Caixin services PMI for October came in at 53.8 vs. 50.7 expected and 53.4 last, showing that
EUR/USD extends the week’s rebound amid cautious optimism. Downbeat US inflation expectations, stimulus hopes favor